I have a debt with the US Treasury of around $300K. The debt was accrued for a judgement against me for a securities violation. The debt has been outsourced to a collection agency for collection. They have sent me a letter stating that they will collect the same through wage garnishment. I know that I can't file for bankruptcy as it is not dischargeable through bankruptcy. But, can I? Can I negotiate with the treasury to reduce the debt burden to some extent? Can I pay them on monthly basis until the amount is paid off? I just wanted to know if the Treasury negotiates, or any attorney deals with such cases.